While the Minister of Finance Colm Imbert presented an optimistic 2023 National Budget, the Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) remains reserved about significant impacts on the economy.
The Dangers of Illicit Trade
The increasing presence of illegally traded commodities undermines public health, contributes to tax evasion and creates an unlevelled playing field for illegal businesses. It deprives legitimate businesses of revenue, reduces tax revenue for gov’ts and contributes to brand degradation. Read more…Â
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T&T Chamber and USAID partners to address key development issues in Trinidad and Tobago
The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) and the United States Agency for International Development (USAID) on Monday 12th September, 2022 signed a Memorandum of Understanding (MoU) to jointly address key development challenges in Trinidad and Tobago. Areas of interest include crime and security, inclusive economic growth for small and medium enterprises (SMEs) and micro, small and medium enterprises (MSMEs), mitigating the effects of climate change, health, COVID-19 response and other areas identified by the participants.
The online Trade and Business Information Portal puts information at your fingertips
The Trade and Business Information Portal, which was launched by the Ministry of Trade and Industry on May 25th at the Trinidad Hilton will have a significant impact on the ease of doing business in Trinidad and Tobago, as it provides easy online access to a repository of valuable information on trade, investment and business in general. The Chamber is particularly pleased with the launch of the portal, as we have advocated for such a facility for many years as a means of improving the ease of doing business. In the words of Chamber Chief Executive Officer Ian De Souza, who delivered remarks, “The launch of this Portal, along with the work being done to meet other commitments under the WTO Trade Facilitation Agreement, sends a clear signal of the Ministry’s commitment to put international trade, and both local and foreign investment, at the heart of our country’s economic growth. From a private sector perspective, that is noteworthy and very laudable.”
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A Promising Outlook for Business
The Trinidad and Tobago Chamber of Industry and Commerce (the Chamber) is encouraged by The Finance (Supplementary Appropriation) Bill, as it would result in relief of financial pressure on businesses and provide for a stimulus to the Trinidad and Tobago (T&T) economy as a whole.
Swift and decisive action needed to deal with criminal attacks on businesspeople
The shooting of Chaguanas businessman Darryl Dindial yesterday is a tragedy and unfortunately follows a pattern of increasing attacks upon businesspeople. The Trinidad and Tobago Chamber of Industry and Commerce condemns this most recent incident in the very strongest manner and again calls for urgent action on crime in Trinidad and Tobago….
T&T Chamber Announces Board of Directors for 2022/2023
The Trinidad and Tobago Chamber of Industry and Commerce held its Annual General Meeting on April 26, 2022 in virtual session. Following the meeting, we are pleased to announce…
From Pandemic To Endemic – Chamber Positive On Business Re-opening
The Trinidad and Tobago Chamber of Industry and Commerce supports the Government’s removal of additional COVID–19 restrictions on certain sectors and activities.
TTCIC Media Release March 24, 2022
Co-founder of the Internet and Google Vice-President, Vint Cerf, to speak at the Trinidad and Tobago Chamber of Industry and Commerce Annual Business Meeting The topic “Imagine that…!” will look at life and business in a future technology driven environment.
The Trinidad and Tobago Chamber Calls For Swift Action Against Crime
The Trinidad & Tobago Chamber of Industry and Commerce strongly condemns the recent spate of violent crime. We call on Dr. The Honourable Keith Rowley, Prime Minister of Trinidad and Tobago as the Head of the National Security Council, the Minister of National Security and the Acting Commissioner of Police to address this increase in crime with a swift and effective action plan to eliminate the recent criminal activities in our society.